okwithmydecay@leminal.space to Australia@aussie.zoneEnglish · 2 days agoHouse prices are falling. So why are first-home buyers disappearing?www.sbs.com.auexternal-linkmessage-square20fedilinkarrow-up154arrow-down12
arrow-up152arrow-down1external-linkHouse prices are falling. So why are first-home buyers disappearing?www.sbs.com.auokwithmydecay@leminal.space to Australia@aussie.zoneEnglish · 2 days agomessage-square20fedilink
minus-squarefreedickpics@lemmy.mllinkfedilinkEnglisharrow-up13·1 day agoThe prices aren’t ‘easing’ across the board. Sure a lot of overpriced properties have dropped a bit but houses at the lowest end (i.e. the ones first home buyers are after) are still getting more unaffordable
minus-squareDarkCloud@lemmy.worldlinkfedilinkEnglisharrow-up4·23 hours agoAlso plenty of wealthy buyers who aren’t first home buyers will be moving snapping places up while prices are low. This is why building affordable homes, of all styles, in all locations is important.
The prices aren’t ‘easing’ across the board. Sure a lot of overpriced properties have dropped a bit but houses at the lowest end (i.e. the ones first home buyers are after) are still getting more unaffordable
Also plenty of wealthy buyers who aren’t first home buyers will be moving snapping places up while prices are low.
This is why building affordable homes, of all styles, in all locations is important.